Crypto Venture Capital Surpasses $1 Billion Mark for Second Consecutive Month

full version at coinedition

Crypto venture capital consistently surpasses $1 billion monthly, signifying sustained market expansion.
Blockchain infrastructure firms lead in funding, followed by decentralized finance protocols, highlighting sector diversity.
Analysts predict VC funding to surge, expecting it to hit $500-650 billion in five years with exponential growth.

For the second month in a row, venture capital investment in the cryptocurrency sector has exceeded $1 billion, indicating the market’s continuous expansion. April saw a total of $1.02 billion raised over 161 investment rounds, somewhat less than the previous month’s $1.09 billion from 186 deals. This achievement is a significant milestone, matching the highs achieved in October-November 2022.

This accomplishment was made possible by notable fundraising efforts. Securitize, a real-world asset tokenization company, has received a $47 million investment headed by BlackRock. Monad, called the “Solana killer,” got a massiv…

The post Crypto Venture Capital Surpasses $1 Billion Mark for Second Consecutive Month appeared first on Coin Edition.